Wednesday, August 23, 2017 4:20 AM
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Emaar announces 20th Address hotel project – the Address Fashion Avenue in Downtown

Emaar Hospitality Group, the hospitality and leisure business of Emaar Properties, announced the roll-out of its 28th hotel project – the Address Fashion Avenue, located directly opposite the iconic Burj Khalifa and linked to the Fashion Avenue in The Dubai Mall that is currently being expanded.

IGO announces commitment to invest in projects worth Dh2 billion by 2020

Invest Group Overseas (IGO), a Dubai-based developer, said it will invest in projects valued at more than Dh2 billion leading up to 2020, starting with a Dh500 million residential tower – IGO 101 – to be developed at the Jumeirah Lake Towers. With construction to begin in December 2017, IGO 101 is scheduled for completion in Q4 2020.

Emaar announces Dubai Hills Mall at new development

Emaar Properties, developer of the world’s tallest tower Burj Khalifa, on Sunday, announced the launch of Dubai Hills Mall, a family retail district located in the heart of Dubai Hills Estate, the 11 million square metres master-planned green oasis set in easy proximity to Al Maktoum International Airport and Downtown Dubai.

Emaar to list UAE business, reports 15% growth in H1 net profits to Dh2.8 bn

Dubai-based Emaar Properties, developer of the world’s tallest tower Burj Khalifa, said, it recorded a 15 per cent growth in net profit to Dh2.83 billion (US$772 million) during the first six months (January to June) of 2017 (H1 2017), compared to Dh2.47 billion (US$674 million) during the same period last year. Revenue for the first half of the year grew 8 per cent to Dh7.86 billion (US$2.14 billion) over H1 2016 revenue of Dh7.257 billion (US$1.97 billion).

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Eagle Hills gets Dh300 million financing facility for The Address Fujairah Resort
Eagle Hills, an Abu Dhabi-based private real estate investment and development company, has signed a Dh300 million facility with the National Bank of Fujairah (NBF) to finance the ongoing construction of The Address Fujairah Resort + Spa, a luxury hotel and residential development in Fujairah. Read More...
Damac subsidiary awards GBP240 million contract to Multiplex to build Aykon London One
Nine Elms Property Ltd, a wholly-owned subsidiary of leading luxury real estate developer DAMAC International, has awarded a GBP240 million contract to global contractor Multiplex for the construction of its luxury property Aykon London One. Read More...


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